UBS AM debuts climate aware ETF with global exposure to large- and mid-cap

Available for flat fee of 0.19%

UBS Asset Management has launched its first ETF in its climate aware product suite, expanding the product set to the passive market.

The UBS Climate Aware Global Developed Equity CTB UCITS ETF will mirror the firm's existing climate aware framework in an ETF wrapper, offering investors access to large- and mid-cap global equities with a "strong climate profile". UBS AM launches 'strict' ESG ETF for S&P 500 It will track the Solactive UBS Climate Aware Global Developed Equity CTB index, which has been designed to mimic UBS AM's climate aware framework, while tilting holdings towards companies with a best-in-class climate score and excluding laggards. Carbon emissions, involvement in coal and fossil fuel reserves ...